A-O-C Proposes 70% Marginal Tax for Green New Deal

[Jitss617]

Please keep yapping aoc

 

[georgephillip]

"In an effort to fund policies that would reduce fossil fuel and carbon emissions within the next 12 years, Democratic Rep. Alexandria Ocasio-Cortez of New York has proposed a tax rate on the super-rich that is more moderate than U.S. tax policy during parts of the 20th century.

"In a video clip released Friday, she tells journalist Anderson Cooper of '60 Minutes' that taxing incomes above $10 million at a 60 percent to 70 percent rate could be a good step..."

"The approximately 16,000 Americans earning more than $10 million are at the very top of the top 1 percent of earners. Such a tax could bring in approximately $720 billion over 10 years, according to the Tax Policy Center’s Mark Mazur."

Alexandria Ocasio-Cortez Proposes Perfectly American Tax on Ultra-Rich

Over the past forty years, the richest one percent have seen their share of national income increase dramatically, and fossil fuels have been partially responsible.

Maybe it's time for fossil fuels to pay their fair share of taxes?

Lol
Stop sounding like a fucking moron

 

[Rustic]

She is right about the Green New Deal. You will see that idea gain traction in the next few years. The 70% marginal tax rate to pay for it is high, but she has opened the conversation about green infrastructure and that is a very good thing.

Lol
Only a fucking moron would trust the federal government with 70% of their income

How much of your income would you have without the federal government?

You have it all backwards...

 

[WillMunny]

France already tried that years ago.....with almost comical results. What will happen is that the ultra-rich will simply take their assets and move to another country with lower taxes so the overtaxing country ends up getting nothing, that's as predictable as a fish cumming in the water.

 

[Rustic]

"In an effort to fund policies that would reduce fossil fuel and carbon emissions within the next 12 years, Democratic Rep. Alexandria Ocasio-Cortez of New York has proposed a tax rate on the super-rich that is more moderate than U.S. tax policy during parts of the 20th century.

"In a video clip released Friday, she tells journalist Anderson Cooper of '60 Minutes' that taxing incomes above $10 million at a 60 percent to 70 percent rate could be a good step..."

"The approximately 16,000 Americans earning more than $10 million are at the very top of the top 1 percent of earners. Such a tax could bring in approximately $720 billion over 10 years, according to the Tax Policy Center’s Mark Mazur."

Alexandria Ocasio-Cortez Proposes Perfectly American Tax on Ultra-Rich

Over the past forty years, the richest one percent have seen their share of national income increase dramatically, and fossil fuels have been partially responsible.

Maybe it's time for fossil fuels to pay their fair share of taxes?

Lol
Stop sounding like a fucking moron

 

[WillMunny]

I'm getting tired of that Occasional-Cortex cocksucking whore just as fast as I got tired of the equally stupid liberal hero David Hogg (who looks like Josef Goebbels fucked Frankie Muniz from Malcolm in the Middle). Would somebody please spay that yowling alley-cat-in-heat at the very least?

 

[RoshawnMarkwees]

Did she ever find the apartment she was looking for? If so, follow her own advice and cut off her salary during the shutdown. When that ends, apply her 70% tax and she’ll immediately be evicted for not being able to pay rent. Then she’ll have to move to anacostia where she’ll have an epiphany about reality and she’ll then register as republican. Unless she’s even stupider than she already appears.

Did you notice the 70% marginal rate applies only to those "earning" $10 million or more every year?

So she conveniently leaves her own bracket out.

 

[georgephillip]

She is right about the Green New Deal. You will see that idea gain traction in the next few years. The 70% marginal tax rate to pay for it is high, but she has opened the conversation about green infrastructure and that is a very good thing.

Lol
Only a fucking moron would trust the federal government with 70% of their income

How much of your income would you have without the federal government?

You have it all backwards...

You have it all backwards if you believe you have a legal or moral right to your pre-tax income.

No it’s not your money: why taxation isn’t theft

"You clearly don’t have a legal right to your pre-tax income, as you are legally obliged to pay tax on it. This is a simple analytic truth that follows from the definition of taxation. People who don’t take pay their taxes go (or at least legally ought to go) to (jail).

"So if there is a general right to one’s pre-tax income, then it must be a moral right.

"But it is implausible to suppose that each person has a moral right to his or her pre-tax income, for that would imply that the distribution of pre-tax incomes the market happens to throw up is perfectly just, and this is clearly not the case.

"There is no justice in the fact that the pre-tax income of a City banker is many hundreds of times the pre-tax income of scientist working on a cure for cancer.

 

[georgephillip]

Did she ever find the apartment she was looking for? If so, follow her own advice and cut off her salary during the shutdown. When that ends, apply her 70% tax and she’ll immediately be evicted for not being able to pay rent. Then she’ll have to move to anacostia where she’ll have an epiphany about reality and she’ll then register as republican. Unless she’s even stupider than she already appears.

Did you notice the 70% marginal rate applies only to those "earning" $10 million or more every year?

So she conveniently leaves her own bracket out.

A-O-C will be earning $174,000 as a congresswoman:

How Much Do Members of Congress Really Get Paid?

"Rank-and-File Members:
The current salary (2017) for rank-and-file members of the House and Senate is $174,000 per year."

Do you see the difference between applying a 70% marginal tax rate to those earning $10,000,000 a year compared to someone earning 1.74% of that amount?

 

[Ame®icano]

She's nuts.

Yep, and left needs he more than the right. In comparison to Cortez, Pelosi and rest of the progressive left looks like moderate and laughing their asses off by saying: "You see, if you don't vote for us "moderates" you'll end up with "this type of crazy" that's even crazier than the rightwing."

 

[georgephillip]

I'm getting tired of that Occasional-Cortex cocksucking whore just as fast as I got tired of the equally stupid liberal hero David Hogg (who looks like Josef Goebbels fucked Frankie Muniz from Malcolm in the Middle). Would somebody please spay that yowling alley-cat-in-heat at the very least?

You'll always have Trump

Cosby, Weinstein, Trump and Other Sorry Excuses for Men

 

[georgephillip]

"In an effort to fund policies that would reduce fossil fuel and carbon emissions within the next 12 years, Democratic Rep. Alexandria Ocasio-Cortez of New York has proposed a tax rate on the super-rich that is more moderate than U.S. tax policy during parts of the 20th century.

"In a video clip released Friday, she tells journalist Anderson Cooper of '60 Minutes' that taxing incomes above $10 million at a 60 percent to 70 percent rate could be a good step..."

"The approximately 16,000 Americans earning more than $10 million are at the very top of the top 1 percent of earners. Such a tax could bring in approximately $720 billion over 10 years, according to the Tax Policy Center’s Mark Mazur."

Alexandria Ocasio-Cortez Proposes Perfectly American Tax on Ultra-Rich

Over the past forty years, the richest one percent have seen their share of national income increase dramatically, and fossil fuels have been partially responsible.

Maybe it's time for fossil fuels to pay their fair share of taxes?

A crushing recession would reduce CO2 output.
Not sure that's what she was shooting for...……..

A recession more crushing than the one produced by Bubba and Dubya?

70 percent tax rates on ultra rich would help pay for “Green New Deal,” Ocasio-Cortez says

"Ocasio-Cortez's 'Green New Deal' aims to eliminate carbon emissions within 12 years. Speaking about the ambitious goal, Ocasio-Cortez says, 'It's going to require a lot of rapid change that we don't even conceive as possible right now. What is the problem with trying to push our technological capacities to the furthest extent possible?'

"To pay for the plan, Ocasio-Cortez floated the idea of tax rates as high as 70 percent on the ultra-rich.

"'You know, you look at our tax rates back in the '60s and when you have a progressive tax rate system, your tax rate, you know, let's say, from zero to $75,000 may be ten percent or 15 percent, et cetera.' Ocasio-Cortez said.

"'But once you get to, like, the tippy tops, on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70 percent. That doesn't mean all $10 million are taxed at an extremely high rate, but it means that as you climb up this ladder you should be contributing more.'"

What's your problem with pushing our technological limits...not enough profit?

"Ocasio-Cortez's 'Green New Deal' aims to eliminate carbon emissions within 12 years.

It'd be easier to eliminate idiots in 12 years than to eliminate carbon fuels.
At least carbon fuels are useful.

What is the problem with trying to push our technological capacities to the furthest extent possible?'

Who needs technology, just walk.

What's your problem with pushing our technological limits...

I agree, nuclear reactors, not windmills.

So why should a gold-plated con man with little or no regard for the truth or the quaint notion that wealthy scum bags like him have a civic duty to pay taxes get away with paying no income taxes in 1978, '79, '92, and 1994?

get away with paying no income taxes in 1978, '79, '92, and 1994?

If someone had no taxable income in those years, why would they owe taxes in those years?

Friends in high places?

The Incredible Tax Benefits of Real Estate Investing | Mad Fientist

 

[SassyIrishLass]

George keeps rambling on like anyone cares lol

 

[Toddsterpatriot]

A crushing recession would reduce CO2 output.
Not sure that's what she was shooting for...……..

A recession more crushing than the one produced by Bubba and Dubya?

70 percent tax rates on ultra rich would help pay for “Green New Deal,” Ocasio-Cortez says

"Ocasio-Cortez's 'Green New Deal' aims to eliminate carbon emissions within 12 years. Speaking about the ambitious goal, Ocasio-Cortez says, 'It's going to require a lot of rapid change that we don't even conceive as possible right now. What is the problem with trying to push our technological capacities to the furthest extent possible?'

"To pay for the plan, Ocasio-Cortez floated the idea of tax rates as high as 70 percent on the ultra-rich.

"'You know, you look at our tax rates back in the '60s and when you have a progressive tax rate system, your tax rate, you know, let's say, from zero to $75,000 may be ten percent or 15 percent, et cetera.' Ocasio-Cortez said.

"'But once you get to, like, the tippy tops, on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70 percent. That doesn't mean all $10 million are taxed at an extremely high rate, but it means that as you climb up this ladder you should be contributing more.'"

What's your problem with pushing our technological limits...not enough profit?

"Ocasio-Cortez's 'Green New Deal' aims to eliminate carbon emissions within 12 years.

It'd be easier to eliminate idiots in 12 years than to eliminate carbon fuels.
At least carbon fuels are useful.

What is the problem with trying to push our technological capacities to the furthest extent possible?'

Who needs technology, just walk.

What's your problem with pushing our technological limits...

I agree, nuclear reactors, not windmills.

So why should a gold-plated con man with little or no regard for the truth or the quaint notion that wealthy scum bags like him have a civic duty to pay taxes get away with paying no income taxes in 1978, '79, '92, and 1994?

get away with paying no income taxes in 1978, '79, '92, and 1994?

If someone had no taxable income in those years, why would they owe taxes in those years?

Friends in high places?

The Incredible Tax Benefits of Real Estate Investing | Mad Fientist

If someone had no taxable income in those years, why would they owe taxes in those years?

 

[ThunderKiss1965]

She's nuts.

She's the Anti-Trump

Will you cry when she moves into the White House?

 

[ThunderKiss1965]

She ain't did shit yet....other than spew stupid shit. She'll soon learn how the game is played and it'll be ugly for her

Yep. Like she learned not to dare run for Congress.
Spoken like a TRUE loser. You just keep pecking on that keyboard. I'm sure you'll stop her....and her friends in Congress too.
I'm not sure exactly WHO it's gonna get ugly for at this junction. These two have massive support from a lot of young Americans.
They seem to be GAINING ground, not losing it.

View attachment 238714

This is whats going to happen, the Democratic Party controlled house is going to pass stupid ass bills that will sit on the Senate Majority's desk collecting dust, which is sweet irony because the Democrats did the same shit when they where the majority. Sit in the back and keep you trap shut.

 

[georgephillip]

France already tried that years ago.....with almost comical results. What will happen is that the ultra-rich will simply take their assets and move to another country with lower taxes so the overtaxing country ends up getting nothing, that's as predictable as a fish cumming in the water.

How will the rich remove their largest asset class, real estate?

Eminent Domain—Can the Government Really Condemn My Property? What Can I Do About It?

 

[georgephillip]

She's nuts.

She's the Anti-Trump

Will you cry when she moves into the White House?

You think she isn't sufficiently racist?

Alexandria Ocasio-Cortez: 'No question' Trump is a racist - CNNPolitics

"Ocasio-Cortez: 'No question' Trump is a racist"

Donald Trump Is Racist - Trump's Remarks About Trump University Judge Gonzalo Curiel Are Racist

 

[georgephillip]

A recession more crushing than the one produced by Bubba and Dubya?

70 percent tax rates on ultra rich would help pay for “Green New Deal,” Ocasio-Cortez says

"Ocasio-Cortez's 'Green New Deal' aims to eliminate carbon emissions within 12 years. Speaking about the ambitious goal, Ocasio-Cortez says, 'It's going to require a lot of rapid change that we don't even conceive as possible right now. What is the problem with trying to push our technological capacities to the furthest extent possible?'

"To pay for the plan, Ocasio-Cortez floated the idea of tax rates as high as 70 percent on the ultra-rich.

"'You know, you look at our tax rates back in the '60s and when you have a progressive tax rate system, your tax rate, you know, let's say, from zero to $75,000 may be ten percent or 15 percent, et cetera.' Ocasio-Cortez said.

"'But once you get to, like, the tippy tops, on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70 percent. That doesn't mean all $10 million are taxed at an extremely high rate, but it means that as you climb up this ladder you should be contributing more.'"

What's your problem with pushing our technological limits...not enough profit?

"Ocasio-Cortez's 'Green New Deal' aims to eliminate carbon emissions within 12 years.

It'd be easier to eliminate idiots in 12 years than to eliminate carbon fuels.
At least carbon fuels are useful.

What is the problem with trying to push our technological capacities to the furthest extent possible?'

Who needs technology, just walk.

What's your problem with pushing our technological limits...

I agree, nuclear reactors, not windmills.

So why should a gold-plated con man with little or no regard for the truth or the quaint notion that wealthy scum bags like him have a civic duty to pay taxes get away with paying no income taxes in 1978, '79, '92, and 1994?

get away with paying no income taxes in 1978, '79, '92, and 1994?

If someone had no taxable income in those years, why would they owe taxes in those years?

Friends in high places?

The Incredible Tax Benefits of Real Estate Investing | Mad Fientist

If someone had no taxable income in those years, why would they owe taxes in those years?

If someone had no taxable income and that same someone had millions of dollars in income during those years, that same someone and his corrupt cohorts obviously bribed politicians of both major parties for favorable tax laws.

 

[EvilCat Breath]

Occasional Cortex believes she is running Congress and everyone is going to roll over and do what she demands. She is one of 435. She was elected with a majority where only 16 percent of voters bothered to vote. She has a two year term. Reality has yet to slap her upside the head.